Cryptocurrencies Price Prediction: Shiba, NFTs & Bitcoin – American Wrap 21 April

FXStreet Team FXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: ECB fires up cryptocurrencies

Bitcoin price, Ethereum and other cryptocurrencies are all using the window of opportunity this morning afforded by comments from the Vice-President of the ECB, de Guindos, that a July rate hike is in the cards. As a result the dollar index is dipping below 100 and is creating a gap to the upside in cryptocurrencies across the board. Expect to see a rally throughout the day and into the weekend as Macron is set to win the elections on Sunday, further weakening the dollar and translating into higher cryptocurrencies to come.

These are the rare NFTs that football superstar Neymar bought

Renowned football star Neymar Jr has purchased two Bored Ape Yacht Club NFTs for upwards of $1.1 million. The purchase of Bored Ape Yacht Club NFTs by a renowned football celebrity has fueled a bullish outlook among investors.

SHIB could fake out traders once again before making more gains

Shiba Inu price choppy price action supports the idea of a triangle formation. Traders should keep an eye on the digital meme coin for profitable opportunities.

Author

FXStreet Team

FXStreet

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

CLARITY Act approval odds sink fast ahead of Congressional hearing

The US House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence (AI) is holding a hearing titled “Building the Future of Finance: How the CLARITY Act Unlocks Innovation” on Friday.

Crypto Today: Bitcoin, Ethereum, XRP give back gains as tit-for-tat US-Iran strikes persist

Bitcoin has corrected by more than 1% on the day, trading below $63,000. This is part of a larger retracement from its weekly high of $65,600. Ethereum and Ripple similarly reflect overall pressure, with ETH falling toward the short-term $1,800 support and XRP hovering below the pivotal $1.10 level.

Dogecoin nears yearly low as bearish bias grows

Dogecoin extends its decline on Friday, trading near its yearly low at $0.069 as bearish sentiment continues to weigh on the meme coin. Weakening derivatives metrics and a deteriorating technical outlook suggest a deeper correction if DOGE slips below $0.069.

Pi Network Price Forecast: Mild recovery in PI marks early signs of trend reversal

Pi Network (PI) shows a mild recovery on Friday, following three consecutive days of consolidation, as selling pressure eases after a steep decline earlier this month. Speculative demand for a potential rebound in PI is on the rise as its Open Interest remains elevated.

Bitcoin’s potential recovery in the second half hinges on these 4 catalysts

Bitcoin (BTC) has fallen over 34% in the first half of this year as the King Crypto failed to capitalize on a good semester for risk assets despite the woes from the Iran war.